ITV2’s popular reality TV show Love Island has put a rocket under the men’s prestige grooming market in the UK, helping it increase in value to £500 million in the year to end of June 2019, new research has found.
The French cosmetics giant has entered into negotiations with Clarins with a view to acquire the two perfume brands, as well as Mugler’s fashion business, an operation which would reinforce L’Oréal’s luxury division.
U.S. luxury brand Kate Spade has signed a licensing agreement with French perfume group Interparfums. Together, the businesses will create perfumes for the global market, commencing autumn/winter 2020/2021.
The Spanish prêt-à-couture firm, controlled by Perfumes y Diseño group since 2011, is looking for an investor to sell either a majority or minority stake in the business. The "right" partner will be a fashion expert.
The Fragrance Shop has initiated legal proceedings against landlord McArthurGlen, claiming it has breached an agreement to bring in a rival business. The retailer has stores in all six McArthurGlen outlets in the UK.